Key facts
- This page summarizes ARONSON NEAL K's Form 4 filing for Driven Brands Holdings Inc. (DRVN).
- 0 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 17 Nov 2023, 17:26.
ARONSON NEAL K - 15 Nov 2023 Form 4 Insider Report for Driven Brands Holdings Inc. (DRVN)
- Reporting relationship
- Director, Other*, 10%+ Owner
- Issuer ticker
- DRVN
- Reported as of
- 15 Nov 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 17 Nov 2023, 17:26:52 UTC
- Prior SEC filing
- 15 Sep 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Neal Aronson
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
ARONSON NEAL K filed Form 4 for Driven Brands Holdings Inc. (DRVN) on 17 Nov 2023.
Change
- Previous filing in this sequence was filed on 15 Sep 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DRVN
holding
Common Stock, par value $0.01 per share
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 68,832,571
- Date
- 15 Nov 2023
- Ownership
- See footnote
- Footnotes
- F1
DRVN
holding
Common Stock, par value $0.01 per share
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 32,758,952
- Date
- 15 Nov 2023
- Ownership
- See footnote
- Footnotes
- F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Consists of shares held directly by Driven Equity Sub LLC. Driven Equity Sub LLC is controlled by Driven Equity LLC, which is controlled by RC Driven Holdco LLC, which is controlled by Roark Capital Partners III AIV LP, which is in turn controlled by its general partner, Roark Capital GenPar III LLC. Roark Capital GenPar III LLC is controlled by its managing member, Neal K. Aronson. Mr. Aronson may be deemed to have voting and dispositive power with respect to the common stock directly owned by Driven Equity Sub LLC and therefore be deemed to be the beneficial owner of such common stock, but disclaims beneficial ownership of such common stock except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that Mr. Aronson is the beneficial owner of or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Footnote F2
Consists of shares held directly by RC IV Cayman ICW Holdings Sub LLC. RC IV Cayman ICW Holdings Sub LLC is controlled by RC IV Cayman ICW Holdings LLC. RC IV Cayman ICW Holdings LLC is controlled by RC IV Cayman ICW Equity LLC. RC IV Cayman ICW Equity LLC is controlled by Roark Capital Partners IV Cayman AIV LP, which is in turn controlled by its general partner, Roark Capital GenPar IV Cayman AIV LP. Roark Capital GenPar IV Cayman AIV LP is controlled by its general partner, Roark Capital GenPar IV Cayman AIV Ltd. (Continued in FN3)
Footnote F3
(Continued from FN2) By virtue of being a member of a group with the RC IV Entities (as defined below), Mr. Aronson may be deemed to have voting and dispositive power with respect to the common stock directly owned by RC IV Cayman ICW Holdings Sub LLC and therefore be deemed to be the beneficial owner of such common stock, but disclaims beneficial ownership of such common stock except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that Mr. Aronson is the beneficial owner of or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Footnote F4
In connection with a recapitalization of Driven Equity LLC, RC IV Cayman ICW Equity LLC acquired a pecuniary interest in shares held by Driven Equity LLC.
SEC remarks
The reporting person is a member of a 10% group with (i) Driven Equity Sub LLC, Driven Equity LLC, RC Driven Holdco LLC, Roark Capital Partners III AIV LP and Roark Capital GenPar III LLC and (ii) RC IV Cayman ICW Holdings Sub LLC, RC IV Cayman ICW Holdings LLC, RC IV Cayman ICW Equity LLC, Roark Capital Partners IV Cayman AIV LP, Roark Capital GenPar IV Cayman AIV LP and Roark Capital GenPar IV Cayman AIV Ltd. (such entities, the "RC IV Entities").